DeepSeek's New AI Model Signals Shift in Open-Source Technology Landscape
DeepSeek has launched R1, an open-source AI model that could rival OpenAI's technology, impacting market values of chipmakers and advancing the open-source AI movement.
DeepSeek's powerful new artificial intelligence model isn't just a win for China -- it's a victory for open-source versions of the tech from the likes of Meta, Databricks, Mistral and Hugging Face, according to industry experts who spoke with CNBC.
Last month, DeepSeek released R1, an open-source reasoning model that claims to rival the performance of OpenAI's o1 model using a cheaper, less energy-intensive process.
The development caused the market values of Nvidia and other chipmakers to plummet on fears that it could lead to reduced spending on high-performance computing infrastructure.
DeepSeek is a Chinese AI lab that focuses on developing large language models with the ultimate aim of achieving artificial general intelligence, or AGI. It was founded in 2023 by Liang Wenfeng, co-founder of AI-focused quantitative hedge fund High-Flyer.
AGI loosely refers to the idea of an AI that equals or surpasses human intellect on a wide range of tasks.
